Allreal Group:
Analysts' and media conference Wednesday, 30 August 2023
Solid results in the first half of 2023
Stephan Widrig
CEO
Marc Frei
Head of Finance
Half-year Report 2023
Agenda
- Half-yearresults for 2023
- Real Estate highlights
- Development and Realisation highlights
- New management continues strategy
- Questions and discussion
30 August 2023 | Allreal Group - first half of 2023 | 2 |
Half-year Report 2023
Agenda
- Half-yearresults for 2023
- Real Estate highlights
- Development and Realisation highlights
- New management continues strategy
- Questions and discussion
30 August 2023 | Allreal Group - first half of 2023 | 3 |
Half-year results for 2023
Overview
- Net profit in line with expectations
- Higher rental income in the Real Estate division and only slight devaluations in the portfolio
- Gross margin in Projects & Development division in line with target value
- Capital recycling an important part of the financing strategy
- Outlook for 2023 full year specified
- Marc Frei becomes a member of Group Management as CFO
30 August 2023 | Allreal Group - first half of 2023 | 4 |
Half-year results for 2023 - Group Net profit in line with expectations
CHF million
81.8
-18.5%
66.7
H1 2022 | H1 2023 |
Net profit excl. revaluation effect
82.7
-46.4%
44.3
H1 2022 | H1 2023 |
Net profit incl. revaluation effect
- As expected, net profit excl. revaluation effect is below the previous year's level
- Net profit incl. revaluation effect falls disproportionately as a result of the slight devaluation of the portfolio
- Half-yearresults affected by lower income from the sale of development real estate, as well as a higher net financial expense
30 August 2023 | Allreal Group - first half of 2023 | 5 |
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Disclaimer
Allreal Holding AG published this content on 30 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2023 04:35:08 UTC.